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Online Banking and Neteller

Neteller is not an online bank (not yet), it is merely an online banking service. You can use Neteller to send and receive payment almost anywhere in the world. The time to transfer is relatively short and if you like, you can use an ATM card for instant funds withdrawal (in an hour). Although Neteller is currently not working with U.S. residents, this has not prevented from Neteller from expanding globally into one of the biggest such services.

Neteller Account Types

Opening an account is easy and free. It is also incredibly secure. The free account is quite limited and in order to make better use of your account you need to verify your identity. This is done by giving (in complete security and privacy!) your bank account number. Neteller then transfers a miniscule amount of money to your account (at no expense to you). This serves as a verification of your bank account. This lets you upgrade your account so that it can be used for all your online banking needs.

Neteller Real Money Bonus Points

The Neteller system allows you to gain bonus points for many of the transactions that you do with Neteller. These bonus points are known as Netpoints. They can be used to enter free lotteries that are held every week for real money prizes. There are three such lotteries of varying frequency and varying jackpots. Since entering is free, they always attract a crowd. In fact, there are about 40,000 entrants in each lottery at any given time. This can give you an idea of the shear mass of people using Neteller for their business.

Neteller Customer Service Quality

The customer service quality of Neteller is exceptionally good. They can be contacted at any time of day or night every day of the week. The online chat support is recommended as the beginning venue of seeking assistance. If they don't seem to be able to handle the problem, you should request a "call out". That way the support team will call you and you won't have to wait for hours on line listening to ads and music until someone can talk to you. All operators are always incredibly polite and as helpful as they can be. As a rule, the chat people don't know as much as the telephone people and the more serious your problem the higher you will be referred. From personal experience, once you reach the right person, service is excellent. In fact, the quality support service would be my first reason for choosing Neteller for online banking needs above other companies.

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